Invesco DB Agriculture Fund (NYSEARCA:DBA) Sees Large Volume Increase – Here’s What Happened

Invesco DB Agriculture Fund (NYSEARCA:DBA) shares saw unusually-high trading volume on Friday . Approximately 1,021,607 shares changed hands during trading, an increase of 23% from the previous session’s volume of 827,515 shares.The stock last traded at $27.2350 and had previously closed at $27.11.

Invesco DB Agriculture Fund Price Performance

The stock has a market capitalization of $764.84 million, a price-to-earnings ratio of 11.32 and a beta of 0.21. The business has a fifty day moving average of $26.15 and a 200 day moving average of $26.29.

Hedge Funds Weigh In On Invesco DB Agriculture Fund

Several large investors have recently modified their holdings of the business. Strategic Investment Solutions Inc. IL purchased a new position in shares of Invesco DB Agriculture Fund during the 3rd quarter worth $27,000. International Assets Investment Management LLC acquired a new position in Invesco DB Agriculture Fund in the fourth quarter valued at about $30,000. Group One Trading LLC purchased a new position in Invesco DB Agriculture Fund during the second quarter worth about $36,000. Advisory Services Network LLC purchased a new position in Invesco DB Agriculture Fund during the third quarter worth about $41,000. Finally, Aptus Capital Advisors LLC acquired a new stake in shares of Invesco DB Agriculture Fund during the fourth quarter valued at about $60,000. Institutional investors and hedge funds own 38.63% of the company’s stock.

About Invesco DB Agriculture Fund

PowerShares DB Agriculture Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust). The Fund’s subsidiary is DB Agriculture Master Fund (the Master Fund), a separate series of DB Multi-Sector Commodity Master Trust (the Master Trust). The Fund offers common units of beneficial interest (the Shares) only to certain eligible financial institutions (the Authorized Participants) in one or more blocks of 200,000 Shares, called a Basket. The proceeds from the offering of Shares are invested in the Master Fund.